Real Estate Financing Services in Boca Raton, Florida
Robert Reiter who is the broker at Grand Floridian Estate Realty has hung his hung his loan originators license with Leading Edge Mortgage Corp. (http://www.lemortgages.com/Home) to assistance with all your real estate financial transactions.
As your mortgage broker we can help facilitate the whole process between you and your lender which can range from a credit union, bank, trust company, finance company, mortgage corporation or even an individual private investor. We will match you with the right lender that will fit your needs. From application to closing, we will help facilitate the loan process and walk with you through the closing of your loan.
We first try to find out how much you can afford and we do so by answering the following questions:
- How large a down payment can you make?
- What size monthly payment can you afford?
- How much can you borrow?
Once we answer these questions we then work to get you pre-qualified for a loan by collecting information on your income, debt and assets. You will also need to complete a mortgage application and provide various information verifying your employment, assets and financial status such as W-2 forms, bank records and credit card statements. We will then issue you a pre-qualification letter indicating the amount you are pre-qualified to borrow.
It is important to understand that a pre-qualification letter is just an estimate of what you are eligible to borrow, not a commitment to lend. Getting pre-approved for a loan gives you competitive advantage when the time comes to bid on a home because you have been approved for a loan for a specified amount.